If the Labor Pool Effect of Globalization Is Equal in Strength

question 17

Multiple Choice

If the labor pool effect of globalization is equal in strength to the market expansion effect,then globalization will lead to __________ in wages and __________ in the number of workers hired.

• A) no change; a decrease
• B) a decrease; no change
• C) no change; an increase
• D) an increase; no change

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Definitions:

Structuralism

The school of psychology that argues that the mind consists of three basic elements—sensations, feelings, and images—that combine to form experience.

Psychology

The scientific study of the mind and behavior, encompassing both conscious and unconscious phenomena.

Sensations

The physical feelings or perceptions resulting from something that happens to or comes into contact with the body.

Feelings

Subjective experiences of emotions, representing personal reactions to emotions that are influenced by personal experiences and interpretations.